Cash grain bids / Virginia / Virginia Daily Grain Bids / 2024-05-08

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Feed & Hay — the cost side, cash not futures

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Virginia Daily Grain Bids

Virginia · Wed, May 8
● Bids as filed25 quotesUSDA AMS · slug 3167

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Petersburg Area
Country ElevatorsUS #1Delivered11.7300/bu+0.15−40¢/BuNovember (X)12.2075
Country ElevatorsUS #1Delivered12.3775/bu+0.19+10¢/BuJuly (N)—
VA Eastern Shore Area
Country ElevatorsUS #1Delivered11.5300–11.6300/bu+0.15−60–−50¢/BuNovember (X)12.0575
Country ElevatorsUS #1Delivered11.8275–11.9275/bu+0.19−45–−35¢/BuJuly (N)13.7900
Wakefield Area
Country ElevatorsUS #1Delivered11.8300–12.0300/bu+0.15−30–−10¢/BuNovember (X)12.4075
Country ElevatorsUS #1Delivered12.0275/bu+0.19−25¢/BuJuly (N)14.0150
Norfolk Terminal Area
Terminal ElevatorsUS #1Delivered12.2300/bu+0.15+10¢/BuNovember (X)12.6075
Terminal ElevatorsUS #1Delivered12.2775/bu+0.190¢/BuJuly (N)14.3900
Harrisonburg Area
Country ElevatorsUS #1Delivered11.2000/bu+0.70———

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Harrisonburg Area
Country ElevatorsUS #2Delivered5.5125/bu+0.07+70¢/BuDecember (Z)5.9575
Country ElevatorsUS #2Delivered5.2850/bu+0.09+70¢/BuJuly (N)6.7900
Country ElevatorsUS #2Delivered5.1000/bu+0.05———
Norfolk Producer Area
Country ElevatorsUS #2Delivered4.2550/bu+0.08−20¢/BuMay (K)—
Petersburg Area
Country ElevatorsUS #2Delivered4.7625/bu+0.07−5¢/BuDecember (Z)5.1075
Country ElevatorsUS #2Delivered4.2850/bu+0.09−30¢/BuJuly (N)—
VA Eastern Shore Area
Country ElevatorsUS #2Delivered4.7125–4.8125/bu+0.07−10–0¢/BuDecember (Z)5.2575
Wakefield Area
Country ElevatorsUS #2Delivered4.8625–5.0125/bu+0.07+5–+20¢/BuDecember (Z)5.4825
Country ElevatorsUS #2Delivered4.2850/bu+0.09−30¢/BuJuly (N)5.7488
Norfolk Terminal Area
Terminal ElevatorsUS #2Delivered4.9125/bu+0.07+10¢/BuDecember (Z)5.5075
Terminal ElevatorsUS #2Delivered4.6850/bu+0.09+10¢/BuJuly (N)6.1400

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Roanoke Area
Country ElevatorsUS #2Delivered6.7400/bu+0.09+40¢/BuJuly (N)—
Country ElevatorsUS #2Delivered6.2900/bu+0.09−5¢/BuJuly (N)6.3625
VA Eastern Shore Area
Country ElevatorsUS #2Delivered5.4900/bu+0.09−85¢/BuJuly (N)5.5125
Wakefield Area
Country ElevatorsUS #2Delivered5.9400/bu+0.09−40¢/BuJuly (N)—
Norfolk Terminal Area
Terminal ElevatorsUS #2Delivered5.8400/bu+0.09−50¢/BuJuly (N)6.0250
Source: USDA AMS · Richmond, VA. Bids are what buyers offered on the day USDA collected them, not settled trades. Change and year-ago figures are USDA's own — nothing on this page is recomputed, and prices in different units are never averaged together.